| BYU fundraiser is a battle of wits
There were plenty of rocks, papers and scissors thrown Friday as students and families from the community crowded onto DT Field at Brigham Young University. They came by foot, by car and Razor scooter to participate in the Omniture Rock Paper Scissors Throwdown. The throwdown was a fundraising event to benefit BYU's Collegia te Entrepreneur's Organization, or CEO as the students call it. The club's leadership organized the event to raise money for an entrepreneurial "seed fund." The club's vice president of marketing, Travis Tidball, said that the money would be used to help students start their own businesses. "We want to help students get out of the mindset that they have to work for someone all their life," he said. Orem-based Omniture sponsored the event, donating $5,000, which went toward the printing of T-shirts and the grand prize.
American's Labor Relations On Rocks Over Exec $
(AP) FORT WORTH Union leaders have many ways to vent their displeasure at corporate executives. They can file grievances, write letters or organize picketing. Tommie Hutto-Blake showed a movie. The president of the flight attendants' union at American Airlines wanted to tell Chief Executive Gerard Arpey that labor relations are rocky because American will give millions in bonuses to executives but not to rank-and-file workers. Hutto-Blake says the bonuses -- which will total an estimated $175 million for 1,000 managers -- don't match Arpey's motto to labor: "Pull together, win together." So at a meeting of about 20 labor leaders and top executives, including Arpey, Hutto-Blake showed "Collision Course," a 1980s documentary about the union-management strife that helped sink Eastern Airlines.
Microlending gets local
If not for a flier stapled to a telephone pole in Central Square, Anastasia Mathis-Belay might have abandoned her dream of owning a document-processing business. That scrap of paper, posted amid announcements for band gigs and cleaning services, eventually led to a boost in her confidence and her credentials by giving her a resource she didn't know she could access: Harvard. The organization behind the flier is CMI, Cambridge Microfinance Initiative, begun in October by a group of Harvard undergraduates who modeled it on a similar Yale University program. The students, all volunteers, work with about 10 low-income entrepreneurs at a time in Cambridge to create business plans, marketing plans, and pricing structures, with the goal of obtaining a small loan. Lenders refer to providing small amounts of money, between $500 and $25,000, to people too poor to qualify for traditional bank loans as microloans.
Rock-Paper-Scissors Competition hopes to Set Record
BYU is hosting the first-ever rock-paper-scissors competition Friday in hopes of setting a record for the Guinness Book of World Records. The Colligate Entrepreneurs Organization (CEO), a national club within the Marriott School of Business, is hosting the tournament to raise money for student entrepreneurial funds, and set the record for the world's largest rock-paper-scissors tournament. The idea to hold a record-setting tournament came from a student, Derek Pandell, director of Membership Services for the CEO. "My little brother saw this ad for a rock-paper-scissors tournament and thought that it would be fun. I lost the first round, but it was a whole lot of fun," Pandell said. "You don't need a particular skill and everyone has an equal chance of winning." The cost to participate is $5 pre-registration and $7 at the door the day of the event.
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